Why would Telstras fortunes change under a Liberal Coalition government as Telstra is now structured. Telstras share price has been squeezed and has been full of uncertainty long before the NBN and the Labor government.
Telstras share price was as low as $3.45 while the Howard Government was in.
The Howard Government was responsible for more than halving the share price from over $7 to less than $3.50 while they where in power. And that was without the GFC and the NBN.
The Liberals created the problems with the communications industry and had many years in government to fix the problem, so why does anyone think they would fix it now?
The Liberal broadband policy is a fragmented plan, that would keep the industry murky and do nothing for competition.
With the Liberal broadband plan Telstra would continue with uncertainty for many more years. How would that be good for Telstra shareholders?
Telstra has a chance to be unshackled and to become a very exciting company. The NBN would give Telstra an opportunity to achieve that.
Get the NBN going, give Telstra the cash, and watch what Telstra can do with cash and both hands set free.
TLS Price at posting:
$2.68 Sentiment: Hold Disclosure: Held
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